Democrat Donors Funding $50 Million Republicans Against Trump Campaign
Financiers of the Democratic Get together and progressive causes are rolling out a swing state advert marketing campaign focusing on former President Donald Trump.
A number of the greatest Democratic Get together donors are funding a bunch calling itself Republican Voters Towards Trump.
“The marketing campaign options one- and two-time Trump voters from throughout the nation—together with swing states—who walked away because of January 6, his 91 felony counts, Ukraine, and different points,” a launch from Republican Voters Towards Trump mentioned. “Their voices will probably be elevated utilizing a surround-sound method, deploying advertisements on tv, streaming, radio, billboards, and digital media in essential swing states.”
Based on monetary data filed with the Federal Election Fee, the tremendous PAC is at present financed nearly completely by Democratic Get together donors.
The PAC, which experiences quarterly, was registered in February 2022. When it final reported with the FEC on the finish of January, the PAC mentioned it had raised about $8.2 million in 2023 and retained about $6.3 million readily available on the finish of that 12 months.
Representatives of Republican Voters Towards Trump didn’t instantly reply to a request for remark from The Epoch Instances.
Reid Hoffman
The group’s largest donor in 2023 was Reid Hoffman. Mr. Hoffman, who based social media firm LinkedIn Corp., gave $4 million to the group.
Mr. Hoffman is a constant donor to the Democratic Get together and liberal causes, and he’s commonly given presents of greater than $1 million, based on donor data maintained by watchdog group OpenSecrets.
In 2018, he gave a complete of $5 million to the Democrat-supporting Home Majority PAC and Senate Majority PAC. He additionally donated to these organizations in 2021, $1.45 million to Home Majority PAC; in 2020, $1 million to Senate Majority PAC; and in 2019, $1 million to Senate Majority PAC.
In 2023, he gave $2 million to the Wisconsin Democratic Get together.
Mr. Hoffman additionally gave $3.35 million to the Republican Accountability PAC in 2022. In that midterm election 12 months, the group spent closely in opposition to Republican Get together candidates for nationwide workplace.
Representatives of Mr. Hoffman didn’t instantly reply to a request for remark from The Epoch Instances.
Defending Democracy Collectively
Defending Democracy Collectively, a bunch led by conservative commentator William Kristol, gave $2 million to the Republican Accountability PAC in December 2023.
Mr. Kristol is the director of two nonprofit teams: the 501(c)(4) group Defending Democracy Collectively and the 501(c)(3) group Defending Democracy Collectively Institute. As a nonprofit, it’s troublesome to trace who funds the group and the way it spends its cash.
John Pritzker
John Pritzker, a member of the rich Chicago-based Pritzker household, is the Founding Companion and Director of the non-public fairness agency Geolo Capital. The Pritzker household, based on Forbes, is value an estimated $41.6 billion. Illinois Gov. J.B. Pritzker, a Democrat, is his cousin.
John Pritzker gave $1 million to the Republican Accountability PAC in 2023. He additionally gave the group $1 million in 2022.
John Pritzker isn’t a significant donor, however he has given to Democratic Get together causes and candidates prior to now. In 2020, he gave $1.5 million to LMG PAC, also called Maintain Them Accountable, which spent closely in opposition to Sen. Lindsey Graham (R-S.C.), based on OpenSecrets data.
Representatives of John Pritzker didn’t instantly reply to a request for remark from The Epoch Instances.
Seth Klarman
Seth Klarman, the CEO and Portfolio Supervisor at hedge fund The Baupost Group LLC, gave $1 million to the Republican Accountability PAC in Might 2023.
Based on OpenSecrets donor data, Mr. Klarman has given a mixed $5 million to the Home Majority PAC and Senate Majority PAC between 2018 and 2022. He donated small quantities to quite a few Democratic Get together candidates in 2023.
Mr. Klarman gave $1.7 million to the Republican Accountability PAC in 2022, based on FEC data.
Representatives of Mr. Klarman didn’t instantly reply to a request for remark from The Epoch Instances.